China to expand SOE mixed ownership reform: spokesperson

BEIJING — China is screening the fourth batch of pilot State-owned enterprises (SOEs) for mixed ownership reform, an official from the country’s economic planner said on April 18.

“The keynote for this batch is scale and field expansion, given that the previous three batches centered merely on a few key areas and a handful of companies,” according to Yuan Da, spokesperson of the National Development and Reform Commission.

Over 100 SOEs will be included in the fourth batch.

Since 2016, China has selected 50 SOEs in three batches to conduct the pilot reform in fields including power, energy, civil aviation, telecommunications and defense.